The desire to own a property is a feat many individuals would like to achieve. Most especially the young and middle aged professionals who work and reside in Lagos. Rental prices keep climbing with no sign off ever coming down and this is more than likely to continue due to the accompanying population growth. After all its simple economics, once the demand outweighs the supply then prices would go up.
This thread is created to assist individuals figure out how they can solve their accommodation needs on a permanent basis even if on a long term plan.
So let’s start be identifying the viable properties under N5million. The floor is open ……

advertise what you have

Following..

215 views till date......

If you have a flat/house for sale max 5m net, please drop details of the property and your contact details.

Would take it up from there.

Cheers.

Still in need and ready to transact

Following

misterrex:
Still in need and ready to transact

there is land of #5m at abijo lbeju Lekki Lagos.

Thanks ujah30.

What i need is a flat even if old so as long as it can be renovated and not demolished.

Pls someone should help us kwanu with. Flat as mentioned by the op

misterrex:
Thanks ujah30.

What i need is a flat even if old so as long as it can be renovated and not demolished.

misterrex:
Thanks ujah30.

What i need is a flat even if old so as long as it can be renovated and not demolished.

I have a cheap property for sale if you will like the area. 2 units of un roofed two bedroom flat set at the back on a full plot of land. Just for 3.5m request for pictures and location if interested

agarawu23:
I have a cheap property for sale if you will like the area. 2 units of un roofed two bedroom flat set at the back on a full plot of land. Just for 3.5m request for pictures and location if interested

Please drop your contact details so i can reach you

misterrex:



Please drop your contact details so i can reach you

whatsapp me ryt away .....

Budget revised to 7million.

Txt/call 07055217714.

Thanks

misterrex:
Budget revised to 7million.

Txt/call 07055217714.

Thanks

the property is in Lagos if you are interested I have pictures

Hello,

Whts your number ND the location

Thanks

agarawu23:
the property is in Lagos if you are interested I have pictures

Still needed

@misterrex
It is very difficult to get a Home below N5-7 million due to the cost of land in Lagos and the building costs. You have to concentrate on outskirt areas like Ikorodu, Epe, Ogba, Egbeda, Agbara etc. Perhaps with subsidized Government Housing, it might be achievable but sadly that is not current the case.

Within the Lagos HOMS scheme, you can only buy Homes in places like Epe, Ikorodu or Igando, see the prices here.

An in-depth search online reveals newly built properties in Epe between N5-7 million, see here.

My personal view to you with that type of budget is to buy a Land, then develop it gradually. I would recommend Ajah and Ibeju Lekki area as prices double quickly in the Lekki axis. Some of the land there selling for N5-7 million were selling for about N2.5 million just 3 years ago. See land within your budget here.